Satellite Developers Profile
Key Indicators
- Authorised Capital ₹ 62.00 Cr
- Paid Up Capital ₹ 53.40 Cr
- Company Age 72 Year, 4 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,116.17 Cr
- Satisfied Charges ₹ 2,688.13 Cr
- Revenue Growth 31.24%
- Profit Growth 37.15%
- Ebitda 100.27%
- Net Worth 0.69%
- Total Assets -3.73%
About Satellite Developers
Satellite Developers Private Limited (SDPL) was founded in India on 17 February 1953 and has a glorious history of 72 years . Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Satellite Developers Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 62.00 Cr and a paid-up capital of Rs 53.40 Cr.
The company currently has active open charges totaling ₹2,116.17 Cr. The company has closed loans amounting to ₹2,688.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Satellite Developers Private Limited India is Ankur Jain as CEO. Sarjan Shah and Kalpana Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24291MH1953PTC139290
- Company No.
139290
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 1953
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Satellite Developers Private Limited offer?
Satellite Developers Private Limited offers a wide range of products and services, including Project Consultants, Hospitals Project Consultants, Real Estate Services, Diamond Rings, Diamond Solitaire Ring, Outdoor Gazebos, Gazebo.
Who are the key members and board of directors at Satellite Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankur Jain  | CEO | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sarjan Shah | Director | 02-Dec-2008 | Current |
| Kalpana Shah | Director | 02-Dec-2008 | Current |
Financial Performance of Satellite Developers.
Satellite Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.24% increase. The company also saw a substantial improvement in profitability, with a 37.15% increase in profit. The company's net worth moved up by a moderate rise of 0.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Satellite Developers?
In 2023, Satellite Developers had a promoter holding of 58.79% and a public holding of 41.21%. The company had 7 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
J Tao Creations Private LimitedSarjan Shah and Kalpana Shah are mutual person
Satellite Infraservices Private LimitedSarjan Shah and Kalpana Shah are mutual person
Pheonix Appliances Private LimitedSarjan Shah is a mutual person
Satellite Gazebo Developers Private LimitedSarjan Shah and Kalpana Shah are mutual person
- Ikigai Artificial Intelligence Solution India Private Limited
Sarjan Shah is a mutual person
Faclon Labs Private LimitedSarjan Shah is a mutual person
Charges (Loans)
₹2,116.17 Cr
₹2,688.13 Cr
Charges Breakdown by Lending Institutions
- Others : 1993.22 Cr
- State Bank Of India : 122.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2024 | Others | ₹12.00 Cr | Open |
| 04 Mar 2024 | Others | ₹510.00 Cr | Open |
| 01 Mar 2024 | Others | ₹6.00 Cr | Open |
| 28 Dec 2023 | State Bank Of India | ₹92.95 Cr | Open |
| 20 Sep 2023 | State Bank Of India | ₹30.00 Cr | Open |
How Many Employees Work at Satellite Developers?
Satellite Developers has a workforce of 54 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Satellite Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Satellite Developers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
